$550,000
Pending

8719 40th Terrace N

Palm Beach Gardens, FL 33410
1930 sqft | 0.44 acres | #RX-11058894
Browse 42 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Welcome to this completely remodeled duplex nestled on a spacious 0.44-acre lot in the heart of Palm Beach Gardens. This stunning property offers a fantastic opportunity for both investors and owner-occupants, featuring two fully renovated 2-bedroom, 1-bathroom units with modern upgrades throughout. Recently updated in 2022, the home boasts a new metal roof, a fully remodeled interior, and brand-new windows, ensuring durability and energy efficiency. One unit is currently rented at $2,200/month, well below the market rate of $2,400 per unit, presenting the potential for an impressive 8% return. The second unit is vacant, making it perfect for an owner looking to live in one unit while renting the other or for an investor seeking a high-performing rental property. As you arrive, you'll be greeted by lush tropical landscaping, separate oversized driveways for each unit, and a fully fenced yard, providing privacy and ample parking for both units. Step inside to discover a bright and open-concept floor plan with beautifully laid tile floors, upgraded baseboards, and LED recessed lighting throughout. The stylish kitchen is a chef's dream, featuring solid wood cabinetry with upgraded hardware, stunning quartz countertops, a decorative backsplash, stainless steel Samsung appliances, a farmhouse sink, and a breakfast bar for casual dining. The expansive living room is perfect for relaxation, enhanced by large windows that fill the space with natural light and sliding glass doors leading to a private backyard. Both bedrooms are generously sized, offering custom-built closet organizers, upgraded ceiling fans, and elegant window treatments. The modern bathroom is equally impressive, featuring a solid wood double vanity, upgraded light fixtures, and a beautifully tiled shower/tub combo with stylish hardware. Step outside to find private fenced-in yards for each unit, offering a serene retreat for outdoor enjoyment. One unit includes a detached utility building with a washer, dryer, and a spacious storage room, while the other unit has its own indoor washer and dryer. The location is unbeatablejust minutes from shopping, dining, entertainment, downtown Palm Beach Gardens, I-95, Florida Turnpike and PBI Airport, with Publix within walking distance for ultimate convenience. Whether you're looking for a turnkey investment or a comfortable home with rental income, this meticulously updated duplex is a rare find in Palm Beach Gardens. Don't miss out on this incredible opportunity!

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Public Water, Septic
      • Lot FeaturesWest of US-1, 1/4 to 1/2 Acre, Paved Road, Public Road
      • Lot DescriptionWest of US-1, 1/4 to 1/2 Acre, Paved Road, Public Road
      • Exterior FeaturesFence, Open Porch, Room for Pool, Shed, Well Sprinkler
      • Exterior MaterialsFence, Open Porch, Room for Pool, Shed, Well Sprinkler
      • High SchoolPalm Beach Gardens High School
      • Middle SchoolJohn F. Kennedy Middle School
      • Elementary SchoolGrove Park Elementary School
      • SubdivisionPALM BEACH GARDENS
      • CoolingCentral, Electric
      • Property TypeMulti-Family
      • MLS #RX-11058894
      • MLS #RX-11058894
      • CountyPalm Beach
      • Original List Price$550,000
      • ZoningRM(cit
      • Taxes Annual$7,636
      • Cost550000
      • Property SubtypeDuplex
      • Acres0.436
      • Lot Size (sqft)19006
      • Square Feet1930
      • Year Built1969
      • Stories1
      • Fence1

Location

Angie Cloutier | Cre8tive Realty IncReal Estate Group

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